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A noob qns about car loan


M3e92
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Save 1.2k per mth, one yr later u will have around 14k.. if u really want to drive get a car oversea when u are studying over there.

You can really explore what a car can do for u there, than lock urself in this now

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time to pop the Golden Question.....................

 

 

 

.................."Are u Sabbie?"

hmm, whoever that guy is, im not him. I've stopped being in mcf since my jc1 days. Only logged back in yesterday to post the qns. U can get an admin to do an IP check, i dont have another account on this forum

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Aiyo..... If both have the same fc then petrol tank size doesn't matter!

True.. But for me, smaller tank better.. Makes me psychologically thrifty.. Works for me though. Give me a bigger tank with similar fc, I tend to hor lan to unnecessary places.. Ahem ahem.. Cannot say later tio banned

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no choice, continue repay without car. I think if it becomes that situation, my parents would step in la. But for now I try to afford a car within my own means. Btw my pay per month is $1800, but I dont have much spending unless in the rare event that I'm drunk and need a taxi home.

Dear TS,

 

Your $1800 is gross or after CPF?

 

Even if after CPF, I think it is quite risky to own a car with that income. Been there, done that. Had been a slave to the car back in 2006 when I had my first car. Not going into details but was in very bad shape.

 

I might be wrong but still my advise is to consider real hard before committing.

 

Good luck.

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Dear TS,

 

Your $1800 is gross or after CPF?

 

Even if after CPF, I think it is quite risky to own a car with that income. Been there, done that. Had been a slave to the car back in 2006 when I had my first car. Not going into details but was in very bad shape.

 

I might be wrong but still my advise is to consider real hard before committing.

 

Good luck.

no cpf, $1800 take home, if i work more can get more but less than $2000 for sure.

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boy oh boy! i'm glad that my children, both working, are so much thoughtful. similarly, my elder girl, a sales manager in the hotel line, at one time also wanted to get a car few months back. after my detailing to her of all the other expenses (like insurance, repairs, petrol, taxes, fines, etc), she decided to kill the thoughts completely. My son, though, owns a second hand in the States, but will sell it when he comes back next year and so far isn't sounding out he will get one when he is back.

 

one of the advice I had given both of them is: in the youthful years and in working environment, you may turn out to become your friends chauffeur when you have a car, and that brings additional expenses....

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why you all still dun understand, he has strong backup and going overseas to study in university, what is that small amount he do to pass time before he fly away next year!

 

He will be spending few times more when he is overseas, why worry for what he spend here now, kids need more recognition and not to put them down every time.

 

Just say "Yes, please go ahead, you have our blessing and we strongly support you".

 

 

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why you all still dun understand, he has strong backup and going overseas to study in university, what is that small amount he do to pass time before he fly away next year!

 

He will be spending few times more when he is overseas, why worry for what he spend here now, kids need more recognition and not to put them down every time.

 

Just say "Yes, please go ahead, you have our blessing and we strongly support you".

 

 

OK. Yes from me too! "I also support your idea of owning a car"... And please be safe for the other road user....

Edited by Stevle
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does it matter??

 

welcome back next year... to tell the bros here how much u regret not listening to heartfelt advice.

 

朽木不可雕也 [mad]

 

will happen meh? already have back up plan to clean the mess liao

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Actually why do students need to buy a car? No $ want to buy car on credit..

 

If no income or savings, wanna buy from loan..

 

 

No wonder banks are laughing all the way.. and so many articles on limits busted on cc....

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i will take the 1k+ car expense, save it then go overseas and buy a Supra


Actually why do students need to buy a car? No $ want to buy car on credit..

If no income or savings, wanna buy from loan..


No wonder banks are laughing all the way.. and so many articles on limits busted on cc....

 

i am offended... i got a car when i am student also... albeit part time

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i will take the 1k+ car expense, save it then go overseas and buy a Supra

 

 

i am offended... i got a car when i am student also... albeit part time

Different ppl, different strokes...

 

I feel being troll here.. well u are e more savvy n hardwk, smart type.. no issue with owning a car back then..

 

Peace...

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hmm, can anyone advise me on this? If I decide to sell the car off before scrap, I would need to sell the car to a dealer, get back the amount then pay my bank and top up any other outstanding amount. For insurance I would receive 80% of the remaining coverage amount. Is this exit strategy correct? Did I get anything wrong? And road tax can pay 6 months one right?


Different ppl, different strokes...

I feel being troll here.. well u are e more savvy n hardwk, smart type.. no issue with owning a car back then..

Peace...

cmon seriously, if i am a troll, why would i need to do so much market research and planning? insurance, loan schemes, exit strategy etc etc

Edited by M3e92
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Different ppl, different strokes...

 

I feel being troll here.. well u are e more savvy n hardwk, smart type.. no issue with owning a car back then..

 

Peace...

 

joking lar.. mai serious lol

 

i just following the tune of the thread...

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hmm, whoever that guy is, im not him. I've stopped being in mcf since my jc1 days. Only logged back in yesterday to post the qns. U can get an admin to do an IP check, i dont have another account on this forum

 

 

we know what a floating ip is as well as ghosting.

 

thank you

folks dun firget, this is the first week of the holidays.

 

nuff said!

 

 

i let you all have fun a bit ok? Since all lelac mode

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we know what a floating ip is as well as ghosting.

 

thank you

folks dun firget, this is the first week of the holidays.

 

nuff said!

 

 

i let you all have fun a bit ok? Since all lelac mode

okay if you decide to stop discussion, please lock the thread instead of deleting it. There are some useful posts people can reference to in the future.

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reading the posts from TS, why do I feel like he's a troll magnet?

 

prata flip every where like trying to encourage people to come up and tell him don't buy..

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